Post by BOB Search - THE Aerospace, Defense and Space Executive Search Firm

3,099 followers

I see three factors in private equity deals and an eventual successful exit: 1. Buy the right business. 2. Get it at the right price. 3. Find the right management team to run it. You need at least two out of the three to achieve a successful outcome. Buy the right business and get it at a screaming deal, and you'll probably achieve an exit regardless of who you have in place. Add the ideal person, and you'll achieve an outsized return. Buy a bad business but get it at a discount - we can find a leader to come with the vision to turn it around and achieve your exit. Buy a great business but overpay for it - we can find the right leader to grow it enough to achieve the required return. But if you miss something in diligence, buy the wrong business, AND overpay for it? Well, even the best leader in the world can't turnaround that outcome for you. If you've hit on #1 or #2, we can find you #3. If you missed on both you're throwing good money after bad trying to find a savior to bail you out.